Home Closings grew 33% in May 2010- Wow.
The number of single family homes, townhouse and condos closed increased 33% in May of 2010 versus may of 2009, reported our Realtor association this week. The median cost per square foot, what the median price home sold, rose 2.7% over the median of May 2009. Good news indeed.
June will likely be a huge month of closings as well- it is my largest month on record, as a combination of tax credit buyers and distressed property buyers took the field- in some cases taking advantage of both.
Distressed properties are making up a large part of my June- Two short sale closings and one foreclosure- more on those in a coming post. I expect a short break, then continuing momentum later in the summer.
Taste of Charlotte is this weekend
Take advantage of all the great restaurants in Uptown Charlotte. For $ you’l get token s20 that allow you to try dozens of participating restaurants. It is easy to get to- just drive in Providence Road until you can’t go any further and look for parking- or come in the gateway, Trade Street off I-77, until you can go no further.
This is a fun way to try many of Charlotte’s best restaurants in just one night.
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April Home Sales UP!! Closing Up!

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